Traduction de «impôt industriel » (Français → Anglais) :

The French Code général des impôts (General Tax Code) provides that industrial and commercial or agricultural undertakings may receive a tax credit for expenditure relating to scientific and technical research activities carried out in France.

As a result of that, it seems reasonable to me that a portion of the industrial commercial tax base in a municipality like mine could in fact be used to make up the shortfall in the 25% of the transit.

(f) companies under French law known as "société anonyme", "société en commandite par actions", "société à responsabilité limitée", "sociétés par actions simplifiées", "sociétés d'assurances mutuelles", "caisses d'épargne et de prévoyance", "sociétés civiles" which are automatically subject to corporation tax, "coopératives", "unions de coopératives", industrial and commercial public establishments and undertakings, and other companies constituted under French law subject to French corporate tax.

Articles 39 octies A and D of the French General Tax Code allow a firm temporarily to deduct from its tax base either the losses incurred by its subsidiaries or certain establishments located abroad, which losses in the case of commercial or service investments are restricted to the amount of the investment and subject to a possible ceiling, or in the case of industrial or agricultural investments part of the investments made by those subsidiaries and establishments.

These Articles allow companies setting up branches abroad to establish a temporary tax-free provision equivalent, in the case of commercial establishments, to the losses incurred by the foreign establishment but not exceeding the size of the investment or, in the case of industrial, agricultural or services establishments, to up to 50% of the amount of the investment .

In its final decision the Commission takes the view that the tax concessions granted to Ramondín (tax credit) and Ramondín Cápsulas (deduction in taxable amount) must be classified as state aid because they are selective in nature. This finding stems not only from the discretionary power enjoyed by the Álava Provincial Government to grant tax credits but also from the fact that those tax concessions are available solely to certain types of investor (new firms investing EUR 500 000 (ESP 80 million) and creating at least 10 jobs in the case of deductions in the taxable amount, or large industrial investors with a sound financial base in th ...[+++]e case of tax credits).